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Posted by Defense World Staff on Jul 30th, 2026

Elmet Group (NASDAQ:ELMT – Get Free Report) and Nisun International Enterprise Development Group (NASDAQ:AIOS – Get Free Report) are both small-cap construction companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, risk, profitability, earnings, valuation and dividends.

Insider and Institutional Ownership 4.7% of Nisun International Enterprise Development Group shares are owned by institutional investors. 5.4% of Nisun International Enterprise Development Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings This is a summary of recent ratings and recommmendations for Elmet Group and Nisun International Enterprise Development Group, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Elmet Group 1 1 4 0 2.50 Nisun International Enterprise Development Group 1 0 0 0 1.00 Elmet Group presently has a consensus price target of $20.50, indicating a potential upside of 60.91%. Given Elmet Group’s stronger consensus rating and higher possible upside, analysts plainly believe Elmet Group is more favorable than Nisun International Enterprise Development Group.

Profitability This table compares Elmet Group and Nisun International Enterprise Development Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Elmet Group N/A N/A N/A Nisun International Enterprise Development Group N/A N/A N/A Valuation and Earnings This table compares Elmet Group and Nisun International Enterprise Development Group”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Elmet Group $211.26 million 1.81 $6.90 million $0.23 55.39 Nisun International Enterprise Development Group $5.07 million 0.64 -$220.91 million N/A N/A Elmet Group has higher revenue and earnings than Nisun International Enterprise Development Group.

Summary Elmet Group beats Nisun International Enterprise Development Group on 6 of the 8 factors compared between the two stocks.

About Elmet Group (Get Free Report)

Elmet provides precision-engineered components and advanced high-energy systems for growth markets. Our customers in these markets require advanced technology involving critical and strategic materials, such as tungsten, molybdenum and niobium (such materials, the “Critical Materials”) and high-level radio frequency (“RF”) engineering, including plasma generation, radar, and other high-energy systems (together, “High-Power Microwave”). Our products and solutions are integral to the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. These are industries which require components capable of performing in extreme thermal, electromagnetic, and technical environments for vital use cases. Our fundamental mission is to strengthen U.S. domestic manufacturing capabilities to support the United States and its allies’ needs in both Critical Materials and advanced High-Power Microwave systems. We believe we are the leader and sole-source U.S. producer of many highly engineered Critical Materials products and a leading designer and manufacturer of High-Power Microwave components in the United States. Our business is organized into two divisions, Critical Materials Components (“CMC”) and Engineered Microwave Products (“EMP”). Through our divisions, we own and operate a vertically integrated engineering-to-production system, with custom design, development, and processing expertise for Critical Materials and High-Power Microwave that is unmatched in our markets and the industries in which we operate. Our High-Power Microwave expertise capitalizes on our vertically integrated engineering-to-production system, enabling us to deliver microwave energy solutions with custom design and development expertise. Our Critical Materials engineering and production expertise enables us to custom design elegant solutions for some of the most challenging environments on the planet. We believe these capabilities provide a significant competitive advantage in our markets and the industries in which we compete. — We are proud to be the only U.S.-owned and U.S.-based manufacturer of highly engineered tungsten and molybdenum products through our CMC division. We control the powder production, pressing, sintering, forming, milling and engineering of tungsten and molybdenum oxide to the finished engineered product. Our CMC products support many of the most critical programs on land, sea and air of the United States Department of War (also referred to as the United States Department of Defense) (the “DoW”). Our engineering expertise in our EMP division has enabled us to provide products and services to a wide variety of existing and emerging programs also supporting the DoW and space sector leaders, such as Lockheed Martin Corporation (“Lockheed Martin”), RTX Corporation (“Raytheon”), Teledyne Technologies Incorporated (“Teledyne”) and the National Aeronautics and Space Administration (“NASA”). Our products are widely used in over 95 national lab programs, including benchmark research and development facilities such as Fermi National Accelerator Laboratory (“Fermi”) and Los Alamos National Laboratory (“Los Alamos”) and many others around the world. Because of the common relationship among some of the products we offer, we regularly incorporate our Critical Materials and our High-Power Microwave components in the same defense programs and high-powered energy research facilities throughout the United States, United Kingdom and Europe. Our comprehensive in-house design and manufacturing capabilities are supported by close to 100 engineers, engineering technicians, RF experts, metallurgists and research and development scientists. Our customers benefit from the specialized expertise, know-how and product design we have developed in both engineered high-temperature, high-density Critical Materials and High-Power Microwave technology. Our specific capabilities provide our customers with a value proposition which allows these customers to simplify their supply chain, increase their speed to market and maintain competitive cost structures. Our engineering expertise and established track record position us to serve customers who need a systems solution required to withstand extreme environments and meet stringent performance requirements. These customers rely on us to deliver technical design and scaled manufacturing of Critical Materials components and High-Power Microwave integrated systems to meet these standards. Given the critical nature of the components and solutions we provide, we engage with customers early in their design cycle to develop difficult-to-replicate solutions, using our specialized processes and equipment, creating a competitive advantage. We leverage our vertical integration and engineering capabilities to provide our products and services to five high-growth, strategically critical U.S. and global end-markets, which require components capable of performing in extreme thermal, electromagnetic, and mechanical environments including: Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics and Energy. We were organized as a corporation under the laws of the State of Delaware on September 13, 2024. Our principal executive offices are located in Portland, ME.

About Nisun International Enterprise Development Group (Get Free Report)

Nisun International Enterprise Development Group Co., Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People’s Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs’ access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products. Nisun International Enterprise Development Group Co., Ltd has a strategic collaboration with Henan Wanbang International Agricultural Products Logistics Co., Ltd. for cooperation on businesses related to the agricultural field; and with Yingkou Yongxiang Logistics Co., Ltd. The company was formerly known as Hebron Technology Co., Ltd. and changed its name to Nisun International Enterprise Development Group Co., Ltd in September 2020. Nisun International Enterprise Development Group Co., Ltd was founded in 2005 and is headquartered in Shanghai, the People’s Republic of China.

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Posted by Defense World Staff on Jul 18th, 2026

Elmet Group (NASDAQ:ELMT – Get Free Report) and Nisun International Enterprise Development Group (NASDAQ:AIOS – Get Free Report) are both small-cap construction companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, dividends, profitability and risk.

Insider & Institutional Ownership 4.7% of Nisun International Enterprise Development Group shares are held by institutional investors. 5.4% of Nisun International Enterprise Development Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability This table compares Elmet Group and Nisun International Enterprise Development Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Elmet Group N/A N/A N/A Nisun International Enterprise Development Group N/A N/A N/A Earnings and Valuation This table compares Elmet Group and Nisun International Enterprise Development Group”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Elmet Group $211.26 million 2.04 $6.90 million $0.23 62.65 Nisun International Enterprise Development Group $5.07 million 0.64 -$220.91 million N/A N/A Elmet Group has higher revenue and earnings than Nisun International Enterprise Development Group.

Analyst Recommendations This is a breakdown of recent recommendations and price targets for Elmet Group and Nisun International Enterprise Development Group, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Elmet Group 0 1 4 0 2.80 Nisun International Enterprise Development Group 1 0 0 0 1.00 Elmet Group presently has a consensus price target of $20.50, indicating a potential upside of 42.26%. Given Elmet Group’s stronger consensus rating and higher probable upside, equities analysts clearly believe Elmet Group is more favorable than Nisun International Enterprise Development Group.

Summary Elmet Group beats Nisun International Enterprise Development Group on 6 of the 8 factors compared between the two stocks.

About Elmet Group (Get Free Report)

Elmet provides precision-engineered components and advanced high-energy systems for growth markets. Our customers in these markets require advanced technology involving critical and strategic materials, such as tungsten, molybdenum and niobium (such materials, the “Critical Materials”) and high-level radio frequency (“RF”) engineering, including plasma generation, radar, and other high-energy systems (together, “High-Power Microwave”). Our products and solutions are integral to the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. These are industries which require components capable of performing in extreme thermal, electromagnetic, and technical environments for vital use cases. Our fundamental mission is to strengthen U.S. domestic manufacturing capabilities to support the United States and its allies’ needs in both Critical Materials and advanced High-Power Microwave systems. We believe we are the leader and sole-source U.S. producer of many highly engineered Critical Materials products and a leading designer and manufacturer of High-Power Microwave components in the United States. Our business is organized into two divisions, Critical Materials Components (“CMC”) and Engineered Microwave Products (“EMP”). Through our divisions, we own and operate a vertically integrated engineering-to-production system, with custom design, development, and processing expertise for Critical Materials and High-Power Microwave that is unmatched in our markets and the industries in which we operate. Our High-Power Microwave expertise capitalizes on our vertically integrated engineering-to-production system, enabling us to deliver microwave energy solutions with custom design and development expertise. Our Critical Materials engineering and production expertise enables us to custom design elegant solutions for some of the most challenging environments on the planet. We believe these capabilities provide a significant competitive advantage in our markets and the industries in which we compete. — We are proud to be the only U.S.-owned and U.S.-based manufacturer of highly engineered tungsten and molybdenum products through our CMC division. We control the powder production, pressing, sintering, forming, milling and engineering of tungsten and molybdenum oxide to the finished engineered product. Our CMC products support many of the most critical programs on land, sea and air of the United States Department of War (also referred to as the United States Department of Defense) (the “DoW”). Our engineering expertise in our EMP division has enabled us to provide products and services to a wide variety of existing and emerging programs also supporting the DoW and space sector leaders, such as Lockheed Martin Corporation (“Lockheed Martin”), RTX Corporation (“Raytheon”), Teledyne Technologies Incorporated (“Teledyne”) and the National Aeronautics and Space Administration (“NASA”). Our products are widely used in over 95 national lab programs, including benchmark research and development facilities such as Fermi National Accelerator Laboratory (“Fermi”) and Los Alamos National Laboratory (“Los Alamos”) and many others around the world. Because of the common relationship among some of the products we offer, we regularly incorporate our Critical Materials and our High-Power Microwave components in the same defense programs and high-powered energy research facilities throughout the United States, United Kingdom and Europe. Our comprehensive in-house design and manufacturing capabilities are supported by close to 100 engineers, engineering technicians, RF experts, metallurgists and research and development scientists. Our customers benefit from the specialized expertise, know-how and product design we have developed in both engineered high-temperature, high-density Critical Materials and High-Power Microwave technology. Our specific capabilities provide our customers with a value proposition which allows these customers to simplify their supply chain, increase their speed to market and maintain competitive cost structures. Our engineering expertise and established track record position us to serve customers who need a systems solution required to withstand extreme environments and meet stringent performance requirements. These customers rely on us to deliver technical design and scaled manufacturing of Critical Materials components and High-Power Microwave integrated systems to meet these standards. Given the critical nature of the components and solutions we provide, we engage with customers early in their design cycle to develop difficult-to-replicate solutions, using our specialized processes and equipment, creating a competitive advantage. We leverage our vertical integration and engineering capabilities to provide our products and services to five high-growth, strategically critical U.S. and global end-markets, which require components capable of performing in extreme thermal, electromagnetic, and mechanical environments including: Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics and Energy. We were organized as a corporation under the laws of the State of Delaware on September 13, 2024. Our principal executive offices are located in Portland, ME.

About Nisun International Enterprise Development Group (Get Free Report)

Nisun International Enterprise Development Group Co., Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People’s Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs’ access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products. Nisun International Enterprise Development Group Co., Ltd has a strategic collaboration with Henan Wanbang International Agricultural Products Logistics Co., Ltd. for cooperation on businesses related to the agricultural field; and with Yingkou Yongxiang Logistics Co., Ltd. The company was formerly known as Hebron Technology Co., Ltd. and changed its name to Nisun International Enterprise Development Group Co., Ltd in September 2020. Nisun International Enterprise Development Group Co., Ltd was founded in 2005 and is headquartered in Shanghai, the People’s Republic of China.

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April 14, 2026 06:40 ET  | Source: The Elmet Group

PORTLAND, Maine, April 14, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today announced that it has launched the roadshow for its proposed initial public offering of approximately 7.7 million shares of its common stock, all of which are being offered by Elmet. In addition, Elmet intends to grant the underwriters a 30-day option to purchase up to approximately an additional 1.2 million shares of common stock from Elmet at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $12.00 and $14.00 per share.

Elmet intends to list its common stock on the Nasdaq Capital Market under the ticker symbol “ELMT.”

Cantor is acting as lead book-running manager for the proposed offering. Needham & Company and Canaccord Genuity are acting as joint book-running managers. Roth Capital Partners is acting as co-manager.

The proposed offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus related to the proposed offering may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov.

Alternatively, when available, a copy of the preliminary prospectus related to the proposed offering may be obtained from: Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street, 6th Floor, New York, New York 10022 or by email to [email protected]. 

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About The Elmet Group
The Elmet Group is a U.S.-based provider of precision-engineered components and advanced high-energy systems for the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. The Company operates through two segments, Critical Materials Components (CMC) and Engineered Microwave Products (EMP), leveraging materials science and precision engineering expertise to deliver-high-performance solutions. The Elmet Group is dedicated to strengthening domestic manufacturing capabilities to support the U.S. and its allies’ needs in both critical materials and advanced high-power microwave systems.

Forward Looking Statements
The information in this press release includes forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or our future financial or operating performance and include statements regarding the expected size, timing and results of the proposed initial public offering. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Elmet’s prospectus. Elmet undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Company Contact
Chris Chandler
[email protected]

Investor Contact
Tom Colton and Greg Bradbury
Gateway Group, Inc.
[email protected]
949-574-3860

Elmet Group debuted strongly, leveraging its role in securing US critical component supply chains and reducing reliance on foreign imports. Elmet trades at 2.5x 2025 sales, but low operating margins (6%) and limited growth cadence disclosures temper enthusiasm. Backlog increased from $70M to $96M, driven by 20% growth in aerospace, defense, and government segments, now over 40% of sales.

Four IPOs priced this past week, featuring nuclear tech, critical materials, real estate, and convenience stores. One IPO is currently scheduled for the week ahead, joined by Bill Ackman's Pershing Square deals. Street research is expected for one company in the week ahead, and two lock-up periods will be expiring.

May 20, 2026 08:30 ET  | Source: The Elmet Group

PORTLAND, Maine, May 20, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, will hold a conference call and webcast on Friday, May 29, 2026 at 9:00 a.m. Eastern Time to discuss its financial results for the quarter ended April 3, 2026. A press release with additional information will be issued prior to the call.

Elmet management will host the conference call, followed by a question and answer period.

Date: Friday, May 29, 2026
Time: 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time)
U.S. dial-in number: 877-869-3847
International number: +1 201-689-8261
Webcast: Register and Join

Please call the conference telephone number 5-10 minutes prior to the start time. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

The conference call will be broadcast simultaneously and available for webcast replay here.

About The Elmet Group
The Elmet Group is a U.S.-based provider of precision-engineered components and advanced high-energy systems for the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. The Company operates through two segments, Critical Materials Components (CMC) and Engineered Microwave Products (EMP), leveraging materials science and precision engineering expertise to deliver high-performance solutions. The Elmet Group is dedicated to strengthening domestic manufacturing capabilities to support the U.S. and its allies’ needs in both critical materials and advanced high-power microwave systems.

Company Contact
Chris Chandler
[email protected]

Investor Contact
Tom Colton and Greg Bradbury
Gateway Group, Inc.
[email protected]
949-574-3860

Demand accelerating in Aerospace, Defense & Government markets

Successfully completed an upsized IPO, raising $125.5 million in net proceeds in Q2

Revenue increased nearly 21%, with over 250 basis points of gross profit margin expansion driving adjusted EBITDA increase of 106%

Backlog increased by nearly 52% to record level of $113 million

PORTLAND, Maine, May 29, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (“Elmet,” the “Company,” “we,” or “our”) (NASDAQ: ELMT), a U.S.-based provider of precision-engineered components and advanced high-power systems, today reported financial results for its fiscal first quarter ended April 3, 2026.

First Quarter Fiscal Year 2026 Highlights

Revenue increased 20.7% to approximately $56.0 million compared to approximately $46.4 million in Q1 2025.Revenue from our Critical Materials & Components (“CMC”) division increased approximately $9.1 million compared to Q1 2025 primarily from growth within the Aerospace, Defense & Government (“ADG”) end market.Gross profit margin improved 260 basis points to 21.2% of revenue compared to 18.6% of revenue Q1 2025.Net income (loss) for Q1 2026 was $(0.3) million, or $(0.02) per share, compared to $1.2 million, or $0.06 per share, in Q1 2025. Adjusted net income (loss) for Q1 2026 was $4.7 million, or $0.24 per share, compared to $1.9 million, or $0.10 per share, in Q1 2025.Adjusted EBITDA increased to approximately $9.2 million, or 16.4% of revenue, compared to approximately $4.5 million, or 9.6% of revenue, in Q1 2025.Open order backlog increased to approximately $113.3 million, up from approximately $96.3 million at the end of Q4 2025 and approximately $74.7 million at the end of Q1 2025.Recorded approximately $3.7 million in income related to a change in fair value and mark to market of the Company’s strategic investment in tungsten mining company EQ Resources Limited. Trailing Twelve Months Highlights

Revenue increased 4.8% to approximately $211.2 million compared to 2025 fiscal year results of approximately $201.6 million.Gross profit margin improved 60 basis points to 20.9% of revenue compared to 20.3% for the 2025 fiscal year.Net income (loss) decreased to approximately $4.0 million, or $0.20 per share, compared to $5.5 million, or $0.28 per share, for the 2025 fiscal year. Adjusted net income (loss) increased to approximately $16.2 million, or $0.81 per share, compared to $13.4 million, or $0.67 per share, for the 2025 fiscal year.Adjusted EBITDA increased approximately $5.2 million to $28.6 million, or 13.5% of revenue, compared to approximately $23.4 million, or 11.6% of revenue, for the 2025 fiscal year. Management Commentary
“Today, we view the environment in which we operate as highly favorable and supported by strong demand for critical materials and engineered high-power systems, increasing defense spending, and ongoing supply chain realignment,” said Company CEO Peter V. Anania. “Following our successful public listing in April, we believe we are well-positioned to effectively meet this demand and expand our role as a trusted supplier across mission-critical systems.

“Our recent performance demonstrates the resilience and diversification of our operating model and our competitive strategic positioning within key growth markets, most notably ADG. We have built significant momentum, supported by our record backlog and newly fortified balance sheet, which we believe will allow us to make opportunistic investments to further support our long-term competitive positioning.”

Subsequent Events
Subsequent to the end of Q1 2026, we completed a successful upsized IPO of an aggregate of approximately 9.9 million shares of our common stock, including the full exercise by the underwriters of their overallotment option to purchase approximately 1.3 million additional shares, at a public offering price of $14.00 per share. The aggregate net proceeds from the offering were approximately $125.5 million after deducting underwriting discounts and commissions and other offering expenses payable by Elmet. We subsequently retired $17.8 million in term debt and paid $8.3 million transaction related stock appreciation rights costs, resulting in net $99.4 million cash on hand from the proceeds. We intend to use the net cash we received from this offering, as well as our pre-existing cash, for growth capital, working capital, and general corporate purposes.

Conference Call
The Elmet Group Co. management will host a conference call today, Friday, May 29, 2026, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss these results, followed by a question-and-answer period.

Toll-Free Number: 877-869-3847
International Number: +1 201-689-8261
Webcast: Register and Join

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

The conference call will be broadcast simultaneously and available for webcast replay here.

About The Elmet Group
The Elmet Group is a U.S.-based provider of precision-engineered components and advanced high-energy systems for the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. The Company operates through two divisions, Critical Materials Components (CMC) and Engineered Microwave Products (EMP), leveraging materials science and precision engineering expertise to deliver high-performance solutions. The Elmet Group is dedicated to strengthening domestic manufacturing capabilities to support the U.S. and its allies’ needs in both critical materials and advanced high-power microwave systems.

Reorganization and Presentation of Financial Results

On January 2, 2026, the Company effected a reorganization (the “Reorganization”) whereby Anania & Associates and its noncontrolling interest holders contributed their ownership interests in Anania & Associates and its consolidated subsidiaries in exchange for shares of common stock in the Company. The Reorganization was a reorganization of entities under common control as Anania & Associates and the Company were controlled by the Company’s Chief Executive Officer (“CEO”) before and after the Reorganization. As a result, the Reorganization was accounted for in a manner similar to a pooling of interests with the assets and liabilities of Anania & Associates and its consolidated subsidiaries being carried over at their historical amounts. The historical consolidated financial statements of Anania & Associates were retrospectively recast to reflect the results as if the Company owned Anania & Associates and its consolidated subsidiaries as of January 1, 2025. In connection with the Reorganization, Anania & Associates Investment Company LLC, an immaterial subsidiary of Anania & Associates, was no longer controlled by the Company and was deconsolidated on January 2, 2026. The deconsolidation was recognized as a spinoff and the impact of $0.5 million was recognized within equity. In connection with the Reorganization, the Company’s tax status changed from an S-corporation to a C-corporation.

Non-GAAP Financial Measures

In evaluating its business, the Company uses or may use certain non-GAAP measures as supplemental measures to review and assess its operating and financial performance. These measures are commonly used in the manufacturing industry to provide stockholders and potential investors with additional information that excludes unusual or non-recurring items as well as non-cash items that are unrelated to or may not be indicative of the Company’s ongoing operating results. These measures may not be comparable to similar measures presented by other companies and should not be viewed as a substitute for measures reported under U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools when assessing the Company’s operating and financial performances, and investors should not consider them in isolation, or as a substitute for any consolidated statement of operations data prepared in accordance with U.S. GAAP. The reconciliations to EBITDA, Adjusted EBITDA, Adjusted Net Income, and Adjusted Earnings Per Share from relevant GAAP metrics are included at the end of this press release. Backlog as reported is confirmed orders from customers for which revenue has not been recognized.

Forward Looking Statements

The information in this press release includes forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. These statements generally relate to future events or our future financial or operating performance and include statements regarding Elmet’s intended use of proceeds from the IPO, Elmet’s ability to: (i) effectively meet demand for its products, (ii) benefit from defense spending levels in the United States and other countries in which it does business, (iii) successfully pursue its ongoing supply chain realignment, (iv) expand its role as a supplier across its end markets, (v) successfully make opportunistic investments, if any, that will support its competitive positioning, and (vi) effectively use the net proceeds received from its IPO to its benefit in the manner currently contemplated, in a different manner, or at all. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Elmet’s Registration Statement on Form S-1, as amended (File No. 333-294725) and subsequent filings Elmet makes with the Securities and Exchange Commission. Elmet undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Company Contact
Chris Chandler
[email protected]

Investor Contact
Tom Colton and Greg Bradbury
Gateway Group, Inc.
[email protected]
949-574-3860

-Financial tables to follow-

THE ELMET GROUP CO.
CONSOLIDATED BALANCE SHEETS
(UNAUDITED)
(in thousands, except share data)  April 3,
2026 December 31,
2025Assets    Current Assets:     Cash$1,825 $1,759Marketable securities 838  202Accounts receivable, net 29,127  28,904Government grant receivables —  1,690Related party receivables 178  426Unbilled revenue 3,610  2,621Inventories, net 75,032  69,697Income tax receivable 74  —Derivative asset 3,095  —Prepaid expenses and other current assets 6,462  4,774Total current assets 120,241  110,073Property, plant and equipment, net 44,185  42,342Operating lease right-of-use assets 10,448  10,586Intangible assets, net 6,870  7,184Goodwill 4,547  4,583Deferred tax assets, net 84  —Other assets 872  878Total assets$187,247 $175,646      Liabilities and Stockholders’ Equity     Current Liabilities:     Accounts payable$17,679 $16,165Accrued expenses and other current liabilities 13,765  13,659Operating lease liabilities, current portion 898  875Current portion of long-term debt – related party 2,396  2,319Current portion of long-term debt 6,229  7,755Deferred government grants 4,166  4,672Deferred revenue 23,494  14,853Total current liabilities 68,627  60,298Operating lease liabilities, net of current portion 10,022  10,247Long-term debt, net of current portion 26,768  28,455Long-term debt, net of current portion – related party 15,000  15,000Deferred tax liabilities, net 4,820  —Other liabilities 1,000  1,189Total liabilities 126,237  115,189      Commitments and Contingencies (Note 18)           Stockholders’ Equity:     Preferred Stock - $0.001 par value; 20,000,000 shares authorized, no shares issued and outstanding as of April 3, 2026 and December 31, 2025 —   —Class A Common Stock – $0.001 par value; 500,000,000 shares authorized, 20,122,721 shares issued and outstanding as of April 3, 2026 and December 31, 2025 20   20Class B Common Stock – $0.001 par value; 40,000,000 shares authorized, 466 shares issued and outstanding as of April 3, 2026 and December 31, 2025 —   —Additional paid-in capital 16,011   15,366Retained earnings 44,995   44,791Accumulated other comprehensive (loss) income (16)  280Total stockholders’ equity 61,010   60,457Total liabilities and stockholders’ equity        $187,247  $175,646 The accompanying notes are integral to the unaudited consolidated financial statements.

THE ELMET GROUP CO.
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
(in thousands, except share and per share data)   Three Months Ended   April 3,
2026 March 31,
2025Revenue $56,007  $46,387 Cost of goods sold  44,159   37,776 Gross profit  11,848   8,611 Operating expenses:      General and administrative  7,068   3,259 Research and development  850   811 Sales and marketing  2,067   1,683 Total operating expenses  9,985   5,753 Operating income  1,863   2,858 Other (income) expense, net:      Interest expense  613   510 Interest expense – related party  627   416 Change in fair value of derivative asset  (3,095)  — Other (income) expense, net  (654)  79 Total other (income) expense, net  (2,509)  1,005 Income from continuing operations before taxes  4,372   1,853 Income tax provision  4,710   — (Loss) income from continuing operations  (338)  1,853 Loss from discontinued operations  —   (656)Net (loss) income $(338) $1,197        Net (loss) income per share:      Basic $(0.02) $0.06 Diluted $(0.02) $0.06 Weighted average shares outstanding      Basic  20,123,187   20,123,187 Diluted  20,123,187   20,123,187  The accompanying notes are integral to the unaudited consolidated financial statements.

THE ELMET GROUP CO.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)
(in thousands)
   Three Months Ended
   April 3,
2026
   March 31,
2025
 Cash flows from operating activities:     Net (loss) income$(338)  $1,197 Loss from discontinued operations —   (656) (Loss) income from continuing operations (338)   1,853 Adjustments to reconcile (loss) income from continuing operations to net cash provided by operating activities:     Deferred income taxes 4,736   — Change in fair value of derivative asset (3,095)   — Depreciation and amortization 1,923   1,604 Stock-based compensation 645   — Noncash operating lease expense 138   217 Noncash interest expense 6   7 Provision for excess and obsolete inventories 36   395 Change in fair value of interest rate collars (34)   (56) Unrealized gain on marketable securities (636)   — Changes in operating assets and liabilities:     Accounts receivable (229)   7,537 Unbilled revenue (989)   (1,051) Inventories (5,387)   (6,405) Related party receivables 171   (3) Income tax receivable (74)   — Prepaid expenses and other current assets (1,202)   (272) Other assets (4)   7 Accounts payable 2,492   291 Accrued expenses and other current liabilities 392   (203) Operating lease liabilities (202)   (188) Deferred revenue 8,645   4,520 Other liabilities (73)   (20) Net cash provided by operating activities from continuing operations 6,921   8,233 Net cash used in operating activities from discontinued operations —   (2,928) Net cash provided by operating activities 6,921   5,305       Cash flows from investing activities:     Purchases of property, plant and equipment, net of grant proceeds (see Note 7 – Government Grants) (2,337)   (2,733) Net cash used in investing activities from continuing operations (2,337)   (2,733) Net cash used in investing activities from discontinued operations —   (24) Net cash used in investing activities (2,337)   (2,757) Cash flows from financing activities:     Payments of principal on revolving credit facility (1,810)   (2,048) Proceeds from revolving credit facility 164   400 Payments of principal on long-term debt (1,074)   (2,966) Payments of principal on long-term debt – related party (1,519)   — Cash distributions paid to stockholders —   (1,789) Payments of deferred consideration (73)   — Net payments of principal on revolving credit facility – related party (150)   (32) Payments of principal on finance leases (11)   (13) Net cash used in financing activities from continuing operations (4,473)   (6,448) Net cash provided by financing activities from discontinued operations —   28 Net cash used in financing activities (4,473)   (6,420) Effects of exchange rate changes on cash (45)   146 Net increase (decrease) in cash$66  $(3,726) Cash at beginning of period 1,759   6,532 Cash at end of period$1,825  $2,806 Reconciliation of cash at beginning of period:     Cash at beginning of period – continuing operations$1,759  $3,608 Cash at beginning of period – discontinued operations —   2,924 Cash at beginning of period$1,759  $6,532       Reconciliation of cash at end of period:     Cash at end of period – continuing operations$1,825  $2,806 Cash at end of period – discontinued operations —   — Cash at end of period$1,825  $2,806             Supplemental non-cash investing and financing activities:     Purchases of property, plant and equipment included in accounts payable and accrued expenses$1,081  $52 Deferred offering costs included in accounts payable and accrued expenses$1,346  $—       Supplemental disclosure of cash flow information:     Cash paid for interest$1,085  $930        The accompanying notes are integral to the unaudited consolidated financial statements.

Non-GAAP Financial Measures:
The following tables display certain non-GAAP financial measures we believe are helpful in assessing our performance and interpreting our financial results. We believe these non-GAAP financial measures are important supplemental measures because they exclude unusual or non-recurring items as well as non-cash items that are unrelated to or may not be indicative of our ongoing operating results. Further, when read in conjunction with our GAAP results, these non-GAAP financial measures provide a baseline for analyzing trends in our underlying businesses and can be used by management as a tool to help make financial, operational and planning decisions. We may use non-GAAP financial metrics in certain management compensation plans, debt covenants, internal budgetary decision making and other resource allocation decisions. Finally, these measures are often used by analysts and other interested parties to evaluate companies in our industry by providing more comparable measures that are less affected by factors such as capital structure.

Adjusted EBITDA
Adjusted EBITDA is a non-GAAP measurement. We define Adjusted EBITDA as our net income plus interest expense, income taxes, depreciation and amortization, and, as applicable for each period, stock-based compensation expense and non-cash gains and losses on the sale of assets. Adjusted EBITDA also excludes certain non-recurring costs such as the costs associated with the IPO, certain acquisition and transaction costs, severance and restructuring costs, and other non-recurring costs.

THE ELMET GROUP CO.
ADJUSTED EBITDA FROM CONTINUING OPERATIONS
(NON- GAAP, UNAUDITED)
(in thousands)   Quarters Ended    March 31, 2025 April 3, 2026 Year ended December 31,
2025 TTM April 3,
2026 Revenue$46,387 $56,007 $201,636 $211,256  Gross profit 8,611  11,848  41,019  44,257  Gross profit margin % 18.6%  21.2%  20.3%  20.9%  Operating expenses 5,753  9,985  28,945  33,177  Net income (loss) from continuing operations 1,853  (338)  7,940  5,749  Net income (loss) from continuing operations % 4.0%  (0.6)%  3.9%  2.7%            Adjustments to income (loss) from continuing operations:         Income tax benefit   4,710  (45)  4,665  Interest expense(1) 926  1,240  4,410  4,724  Depreciation and amortization 1,604  1,923  6,048  6,367  Acquisition and transaction costs(2) 67  30  440  403  Stock-based compensation(3)   645  1,451  2,096  Corporate costs associated with the offering(4) 10  798  2,580  3,368  Other(5)   166  1,013  1,179  Adjusted EBITDA (6)$4,460 $9,174 $23,387 $28,551  Adjusted EBITDA Margin 9.6%  16.4%  11.6%  13.5%  
(1)   Interest expense includes both third-party interest expense and related party interest expense.
(2)   The adjustment for acquisition and transaction costs is to remove charges incurred in connection with any transaction, including mergers, acquisitions, refinancing, amendment or modification to indebtedness, and dispositions, in each case, regardless of whether consummated.
(3)   Stock-based compensation includes expenses associated with restricted stock grants made in support of our initial public offering and the Reorganization.
(4)   Corporate costs associated with the initial public offering include third-party expenses related to enhancing our accounting controls and procedures, incremental audit costs, recruitment of executive team and legal expenses.
(5)   Others includes non-recurring costs associated with a utility failure at our CMC facility in Euclid, Ohio, and other restructuring costs.
(6)   Adjusted EBITDA excludes the financial impact of discontinued operations. On October 1, 2025 A&A distributed its shares in Polymer Laboratories, LLC to the individual shareholders, which is unrelated to A&A continuing operations and The Elmet Group Co.

Adjusted Net Income and Adjusted Net Income Per Share

Adjusted Net Income and Adjusted Net Income Per Share are non-GAAP measurements. We define adjusted net income as net income less stock-based compensation and one-time non-recurring costs such as tax impacts of the Reorganization, discontinued operations, the costs associated with the IPO, certain acquisition and transaction costs, severance and restructuring costs, and other non-recurring costs and the income tax effect of such adjustments, as applicable.

THE ELMET GROUP CO.
RECONCILIATION OF ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE
(NON-GAAP, UNAUDITED)
(in thousands)   Quarters Ended      March 31, 2025 April 3, 2026 Year ended December 31,
2025 TTM April 3,
2026 Numerator:         Net income (loss)$1,197$(338) $5,542$4,007  Income (loss) from discontinued operations 656   2,398 1,742  One time tax expense associated with the Reorganization(1) — 3,791  — 3,791  Corporate costs associated with the IPO(2) 10 798  2,580 3,368  Stock-based compensation(3) — 645  1,451 2,096  Acquisition and transaction costs(4) 67 —  440 373  Other(5) — 196  1,013 1,209  Tax effect of adjustments(6) — (344)  — (344)  Adjusted net income$1,930$4,748 $13,424$16,242            Denominator:         Weighted average shares outstanding – basic 20,123 20,123  20,123 20,123  Weighted average shares outstanding – diluted(7) 20,123 20,426  20,260 20,337            Adjusted net income per share:          Basic$0.10$0.24 $0.67$0.81  Diluted(7)$0.10$0.23 $0.66$0.80             Unadjusted net income per share:          Basic$0.06$(0.02) $0.28$0.20  Diluted(7)$0.06$(0.02) $0.27$0.20   (1)   Reflects the impact of the deferred tax adjustment of $3.5 million, which was recognized in the period of Reorganization and does not reflect ongoing income tax expense, and other discrete tax impacts of $0.3 million related to the Reorganization.
(2)   Corporate costs associated with the initial public offering include third-party expenses related to enhancing our accounting controls and procedures, incremental audit costs, recruitment of executive team and legal expenses.
(3)   Stock-based compensation includes expenses associated with restricted stock grants made in support of our initial public offering and the Reorganization.
(4)   The adjustment for acquisition and transaction costs is to remove charges incurred in connection with any transaction, including mergers, acquisitions, refinancing, amendment or modification to indebtedness, and dispositions, in each case, regardless of whether consummated.
(5)   Other includes restructuring and severance costs associated with a reorganization at our CMC division and non-recurring costs associated with a utility failure at our CMC facility in Euclid, Ohio and other restructuring costs.
(6)   The tax effect for the quarter ended April 3, 2026 represents our actual effective tax rate for the period of 21.0% when excluding the Reorganization impacts. There is no tax impact prior to the quarter ended April 3, 2026, as we were treated as an S-corporation for tax purposes prior to the Reorganization.
(7)   The potential impact on weighted average common stock outstanding (diluted) related to our restricted stock was evaluated under the treasury stock method based on the weighted average unrecognized compensation costs for each period and the estimated fair value of our common stock for each period.

June 02, 2026 08:30 ET  | Source: The Elmet Group

GORHAM, Maine, June 02, 2026 (GLOBE NEWSWIRE) -- Microwave Techniques, an innovative manufacturer of high-power microwave components and RF solutions, and wholly-owned subsidiary of The Elmet Group Co. (NASDAQ: ELMT), today announced it has entered into a definitive license agreement with Brookhaven Science Associates (BSA), operator of Brookhaven National Laboratory (BNL), for the ARC Sentry arc detector technology.

The agreement grants Microwave Techniques a non-exclusive copyright license to manufacture and commercialize the ARC Sentry system.

The ARC Sentry is an arc detection platform designed to protect critical RF infrastructure from damage caused by arcing in high-power environments. The system, originally developed for the 2nd generation National Synchrotron Light Source II (NSLS-II), detects optical evidence of arc propagation and issues an interlock signal to stop propagation before hardware damage occurs.

“Integrating the ARC Sentry technology into our product offering strengthens our ability to provide comprehensive RF protection and monitoring solutions for demanding industrial, scientific, and medical applications,” said Henry Fries, Vice President of Engineering at Microwave Techniques. “This agreement allows us to leverage innovative R&D to deliver the next generation of high-speed protection equipment to our global customer base.”

Key technical features of the ARC Sentry platform include:

Scalable Architecture: Multi-channel system supporting up to 24 channels for comprehensive monitoring of waveguide and coaxial systems.SMA Fiber Optic Pickups: Can be used with small waveguide sizes and restrictive spaces.Rapid Detection: Optimized to identify an arc and trigger a protective shutdown in less than 3 microseconds.Reduced False Alarms: High speed sampling rate with successive events prior to triggering an alarm.Integrated Interface: Includes proprietary Graphical User Interface (GUI) and control software for real-time system configuration and signal evaluation. Under the terms of the agreement, Microwave Techniques will manage the engineering, fabrication, and global sales of the licensed products.

About Microwave Techniques
Microwave Techniques is an innovative manufacturer of high-power microwave solutions, including waveguide components, coaxial components, and advanced RF engineering systems. With facilities in Gorham, ME; Nashua, NH; and Hamburg, Germany, the company serves critical applications in defense, aerospace, industrial, medical, energy, broadcast, and scientific research. Microwave Techniques is a wholly owned subsidiary and operating division of The Elmet Group Co.
Learn more: www.microwavetechniques.com

About The Elmet Group
The Elmet Group Co. (NASDAQ: ELMT) is a U.S.-based provider of precision-engineered components and advanced high-energy systems for the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. The Company operates through two segments, Critical Materials Components (CMC) and Engineered Microwave Products (EMP), leveraging materials science and precision engineering expertise to deliver high-performance solutions. The Elmet Group is dedicated to strengthening domestic manufacturing capabilities to support the U.S. and its allies’ needs in both critical materials and advanced high-power microwave systems.
Learn more: www.theelmetgroup.com

About Brookhaven National Laboratory
Brookhaven National Laboratory is a multipurpose research institution funded by the U.S. Department of Energy (DOE). Located in Upton, New York, BNL operates large-scale facilities for studies in physics, chemistry, biology, and energy technologies. As a leader in scientific innovation, the laboratory collaborates with industry to transition advanced R&D and copyrighted technology into commercial applications.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding future performance, expected outcomes, and strategic initiatives. Forward-looking statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. Factors that may affect results discussed in The Elmet Group Co.’s registration statement on Form S-1 (File No. 294725), as amended, and subsequent filings The Elmet Group Co. makes with the U.S. Securities and Exchange Commission. The Elmet Group Co. undertakes no obligation to update these statements except as required by law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Company Contact
Chris Chandler
[email protected]

Investor Contact
Tom Colton and Greg Bradbury
Gateway Group, Inc.
[email protected]
949-574-3860

June 23, 2026 08:30 ET  | Source: The Elmet Group

PORTLAND, Maine, June 23, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co. (Nasdaq: ELMT) ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, is set to join the broad-market Russell 3000® and Russell Microcap® Indexes at the conclusion of the 2026 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2026, according to a preliminary list of additions posted last month.

The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30 of each year, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for half a year beginning 2026, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.

“Being added to the Russell 3000® and Russell Microcap® Indexes is a meaningful recognition of the progress we've made in establishing Elmet as a leader in critical materials and defense technology,” said Company CEO Peter V. Anania. “This milestone strengthens our profile with institutional investors following our IPO in April and reinforces our commitment to driving sustainable growth and long-term value for our shareholders.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data aggregated by the London Stock Exchange Group, as of the end of June 2025, about $12.2 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.

About The Elmet Group
The Elmet Group is a U.S.-based provider of precision-engineered components and advanced high-energy systems for the Aerospace, Defense and Government, Industrial, Medical, Semiconductor and Electronics, and Energy industries. The Company operates through two divisions, Critical Materials Components (CMC) and Engineered Microwave Products (EMP), leveraging materials science and precision engineering expertise to deliver high-performance solutions. The Elmet Group is dedicated to strengthening domestic manufacturing capabilities to support the U.S. and its allies’ needs in both critical materials and advanced high-power microwave systems.

About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally.

Approximately $21.20 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. 

FTSE Russell is wholly owned by LSEG. 

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding future performance, expected outcomes, and strategic initiatives. Forward-looking statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. Factors that may affect results include the Company’s ability to benefit from inclusion in the Russell 3000® Index, the Russell Microcap® Index, or any other indices to the extent expected, to a lesser degree, or at all, as well as those factors discussed in The Elmet Group Co.’s registration statement on Form S-1 (File No. 294725), as amended, and subsequent filings The Elmet Group Co. makes with the U.S. Securities and Exchange Commission. The Elmet Group Co. undertakes no obligation to update these statements except as required by law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Company Contact
Chris Chandler
[email protected]

Investor Contact
Tom Colton and Greg Bradbury
Gateway Group, Inc.
[email protected]
949-574-3860